Transferable permits allow emission reduction to be achieved A) witho

Transferable permits allow emission reduction to be achieved

A) without any impact on the industrial sector, just as a standard would.
B) without any impact on the industrial sector, just as fees would.
C) at the lowest possible cost.
D) with firms monitoring each other, rather than having the government do the monitoring.
E) Both C and D are true.

ANSWER

C